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Rennlist - Porsche Discussion Forums (https://rennlist.com/forums/)
-   993 Forum (https://rennlist.com/forums/993-forum-58/)
-   -   Project Gold sells for $3.1 Million USD at auction (https://rennlist.com/forums/993-forum/1108078-project-gold-sells-for-3-1-million-usd-at-auction.html)

MrRoboto 10-27-2018 07:10 PM
Project Gold sells for $3.1 Million USD at auction
 
Wow. And the car wasn't even physically present.

Mrrdstr 10-27-2018 07:11 PM
That was fun to watch ;)

myflat6 10-27-2018 07:20 PM
Wait what?

doublecabmel 10-27-2018 07:39 PM
Off road use only

fsa 10-27-2018 07:54 PM
The glow of the exterior blinded the buyer's brain.

2016 gt3 10-27-2018 08:18 PM
My friend was at the auction selling a car there and was next to the guy who bot it. He is a 20 year old from Dubai who also has a home in Miami and is obviously from a rich family and who knows in Dubai maybe he can drive that car around with no issues.

NC TRACKRAT 10-27-2018 09:13 PM
The price curve for 993's just got a huge spike! ;)

doublecabmel 10-27-2018 09:19 PM
Bring out the almighty price threads! As stated, massive influx of 993s coming to market!

fsa 10-27-2018 09:24 PM
This will not impact 993 prices or sales, especially approaching winter. This car, the sale, the buyer, are all aberrations, more telling about Porsche to begin the process and pander Classic, and the rich young jerk who bought.

Spyder_Man 10-27-2018 10:00 PM
Originally Posted by 2016 gt3
My friend was at the auction selling a car there and was next to the guy who bot it. He is a 20 year old from Dubai who also has a home in Miami and is obviously from a rich family and who knows in Dubai maybe he can drive that car around with no issues.
That was exactly my theory of the type of person who would buy it. Someone where money is no object, glitz is everything, and oh yeah, is in a country where they can bend the rules to drive it when and where they'd like to.

bbs993tt 10-27-2018 10:03 PM
Originally Posted by MrRoboto (Post 15391386)
Wow. And the car wasn't even physically present.
Don't know why the auctioneer said that. I was there and the car was roped off but on display upstairs next to the 959. Here's one of my pics of it.

https://cimg0.ibsrv.net/gimg/rennlis...a3eb93a66e.jpg

TheBen 10-27-2018 10:31 PM
The majority of the sale price was going to charity and hence tax deductible.

1963SWC 10-28-2018 12:36 AM
Originally Posted by bbs993tt (Post 15391673)
Don't know why the auctioneer said that. I was there and the car was roped off but on display upstairs next to the 959. Here's one of my pics of it.

https://cimg0.ibsrv.net/gimg/rennlis...a3eb93a66e.jpg
The car was loaded on a plane for Germany either Friday night or Saturday morning- it was back at the factory before crossing the block (in absentia). Buyer is responsible for transport from there to wherever he wants it to live and associated import fees......
Listening to chatter around the car during the preview on Friday, I took away that the car has several scheduled events/showings upcoming and that a qualified bidder would have been aware of these and accept those terms.

bbs993tt 10-28-2018 01:53 AM
Originally Posted by 1963SWC (Post 15391882)
The car was loaded on a plane for Germany either Friday night or Saturday morning- it was back at the factory before crossing the block (in absentia). Buyer is responsible for transport from there to wherever he wants it to live and associated import fees......
Listening to chatter around the car during the preview on Friday, I took away that the car has several scheduled events/showings upcoming and that a qualified bidder would have been aware of these and accept those terms.
That’s a well traveled car. Thanks for the explanation.

mike cap 10-28-2018 02:02 PM
Originally Posted by u7t2p7 (Post 15392713)


Obviously this is a one off situation. Not sure why you’re disparaging the buyer. He could have bought 99% of any collector car in the market, including far glitzier Ferrari’s, Lambos, etc. Instead he purchased an old school “not very fast” classic of which the majority of the proceeds will go to charity.
Agree completely. In reality the “rich young jerk” probably spent less (as a percentage of his net worth) than most of us did for our P cars. And with the charity portion of course he overpaid.

Funny how as capitalists and free market people we love the system when it works for us, but bad mouth it when the system and supply/demand works for others. So the guy is twenty and maybe worth a billion dollars? Yeah it’s family money - but at twenty if I had had the choice of an inheritance like that or working my tail off for the next thirty years.......


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